The mortgage segment of the industry is drying up fast. Mortgage inspections average about $3. Prices will remain flat or head lower as more mortgage inspectors are chasing fewer inspections. The financial crisis has ended. The end of the crisis is here.
Commercial inspections pay 10 – 20 times more that a mortgage inspection.
Markets Approach Normalcy as Foreclosure Crisis Enters ‘Ninth Inning’
The national foreclosure crisis is reaching its end as many markets work their way toward normalcy, according to the latest U.S. Foreclosure Market Report from RealtyTrac. As major evidence of this trend, RealtyTrac reports foreclosure starts reached a 95-month low in November. At the same time, overall foreclosure activity across the nation declined by 15 percent from October to November, while year-over-year, activity was down 37 percent.
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Still not buying it as this government has fudged enough numbers. Certain areas still are getting hammered, it’s just not being reported on.
There is no mention here about the thousands of mortgages being sold out the back door to large hedge funds and investors that never enter the stats. Lots of these are worked out in numerous ways. Rest assured this is not over yet nor are we getting the true story as usual by our government.